Student Accounts & Billing
The Office of Student Financial Services acts as a
clearinghouse for various charges and credits that are placed directly on the
student's account by departments and offices of the university. Each bill may
include both "academic" charges (tuition, room, board, library fines,
late course change, etc.) and certain "optional" items (telephone,
parking fees, guest meals, laundry, etc.). The office is located at 246 Church Street, New Haven. (203) 432-2700.
The official means of communicating monthly financial
account statements is electronically through the University's internet-based
system for electronic billing and payment, Yale University eBill-ePay.
Yale does not mail paper bills.
Student account statements are prepared and made available
twelve times each year at the beginning of each month. Payment is due in full
by 4 p.m. on the first business day of the following month. Email notifications
that the account statement is available on the University eBill-ePay website (www.yale.edu/sis/ebep) are sent to all
students who have activated their official Yale email accounts and to all
student-designated authorized payers. It is imperative that all students
activate and monitor their Yale email accounts on an ongoing basis.
Late Payment Fees
Bills for tuition, room, and board are available to the
student during the first week of July, due and payable by August 1 for the fall
term; and during the first week of November, due and payable by December 1 for
the spring term. The Office of Student Financial Services will impose a late
charge if any part of the term bill, less Yale-administered loans and
scholarships that have been applied for on a timely basis, is not paid when due.
The University may withhold the
registration of students who have not paid or made satisfactory payment
arrangements for their term bills by the day of registration. It also reserves
the right to refuse to provide grades, transcripts, certificates of examination,
and diplomas to students who have not paid their bills on time.
Each month, please be sure to refer to the Important
Monthly Messages web site at http://www.yale.edu/sfas/financial/accountmsgs.html.
This site provides important reminders regarding your student account.
There are a variety of options offered for making payments. Yale does not accept Credit Card payments. With any payment
you make, be sure to include the student's name and Yale account number.
Yale University eBill-ePay, the University's
system for electronic billing and payment, is the Preferred Means for
Payment of Bills. It can be found at http://www.yale.edu/sis/ebep/.
Electronic payments are easy and convenient -- no checks to write, no stamps,
no envelopes, no hassle. Payments are immediately posted to your account. There
is no charge to use this service. Bank information is password protected and
secure and there is a printable confirmation receipt. You can make payments
365/24/7* up to 4 p.m. on your due date and avoid late fees.
You have control over access to your account. You can also authorize up to
three people to make payments electronically from their own computers to your
account using Yale's system.
(*The eBill-ePay system will not be available when the
system is undergoing upgrade, maintenance or repair.)
Use of your own bank payment service is not
authorized by the University because it has no direct link to the
student's Yale account. Payments made through such services arrive without
proper account identification and always require manual processing that results
in delayed crediting of the student's account, as well as resulting late fees
and anxiety. So, please use Yale University eBill-ePay.
Cash and Checks
For those who choose to pay by
check, a remittance advice with mailing instructions is available on the eBill-ePay web site.
All bills must be paid in U.S. currency. Checks should be payable in U.S.
dollars drawn on a U.S. bank. Please do not remit post-dated checks because
they are automatically processed by our bank.
A processing fee of $25 is charged
when the bank for any reason rejects a payment. A rejected payment may also
result in late payment fees and registration may be withheld.
Note: Yale reserves the right to require that a rejected payment be replaced with a
certified check, bank draft, or money order.
Yale Payment Plan
The Yale Payment Plan (YPP) that is administered by the
University’s Office of Student Financial Services provides parents and students
with the option to pay education expenses on a monthly basis. The Plan is
designed to relieve the pressure of “lump-sum” payments by allowing families to
spread payments over a period of months without incurring any interest charges.
Participation in the YPP is elected on an annual basis and may be used to
supplement the various forms of financial aid, such as grants, loans and
If you enroll in the annual plan, one-half of the total
amount of your contract will be applied toward each of the academic terms (Fall
and Spring). If you enroll in either the Fall- or Spring-only plan, the total
amount of your contract will be credited toward the corresponding term.
Families who elect to participate pay an enrollment fee of $100 per plan. If
your YPP account becomes delinquent (not paid by the payment plan due date),
the unpaid contract balance may be charged to your regular Yale student account
and be subject to applicable late payment fees.
The YPP has been
effective for those wishing to pay monthly.
Click here and scroll down to the YPP information section where you can download an enrollment form for the current year . If you have any questions about the YPP
or would like assistance, please call us at (203) 432-2700 and select
"Press 3" from the Main Menu.
updated June 2012